Herbert Smith Freehills Advised Captain Fresh On Acquisition Of Koral S.A.
Herbert Smith Freehills Advised Captain Fresh On Acquisition Of Koral S.A.
Leading International Law Firm Herbert Smith Freehills (HSF) has advised Captain Fresh, India’s premier tech-led seafood supply chain company, on its agreement to acquire Koral S.A. (Koral), a Poland-based producer and distributor of branded salmon products. The acquisition, which involves Abris Capital Partners, the ESG transformation specialist private equity investor, and Boguslaw Kowalski, the company’s founder, is subject to regulatory approvals.
Captain Fresh, backed by notable private equity firms such as Tiger Global Management, Prosus Ventures, and British International Investment, is recognized as one of the world’s leading exporters and distributors of fish and seafood.
The Herbert Smith Freehills team was led by Corporate Partner Siddhartha Shukla and Senior Associate Meera Thakrar, who worked in close collaboration with Gopalakrishnan Ramachandran, General Counsel of Captain Fresh. The wider team included Tax Partner Josh Lom, Senior Associates Nikesh Arya, Raj Mathew, and Graham Crocker, as well as Associates Erika Joseph and Shereen Goh.
"We are delighted to have supported Captain Fresh on this strategically important transaction," said Siddhartha Shukla, Corporate partner at Herbert Smith Freehills. "It is a great example of Indian businesses with remarkable international ambitions."
Gopalakrishnan Ramachandran, General Counsel of Captain Fresh, highlighted the significance of the deal and praised HSF's role. "This is a significant deal, and the team at HSF played a key role in seamlessly navigating the European legal landscape."
This transaction showcases Herbert Smith Freehills' expertise in managing and coordinating complex cross-border transactions.
